Joint projects will be the main focus of Rosoboronexport’s talks with Indian partners at Aero India 2015

16.02.2015Press release

At the Aero India 2015 International Aerospace Exhibition to be held in Bangalore (India) from 18 to 22 February, Rosoboronexport, part of the Rostec State Corporation, will showcase the latest models of aircraft and air defense systems, various modernization programs, as well as discuss projects for joint production of weapons and military equipment.

“In the high-tech aviation sphere, we are implementing the largest and most ambitious projects with India. Our cooperation is in full compliance with the Make in India policy pursued by the Government of India and aimed at the development of the national defense industry. It is joint equipment development and production that is a key thrust in the evolution of the strategic relationships and an indicator of a high level of trust between our countries,” - said Sergey Goreslavsky, Deputy General Director of Rosoboronexport, who heads the Company’s delegation at the exhibition.

Currently, Rosoboronexport and its Indian partners are discussing the possibility of establishing co-production of Ka-226T-derived light helicopters in India. Negotiations on this project will be the focus of state special exporter’s activities at the exhibition. Russian President Vladimir Putin’s official visit to India in December 2014 has given significant impetus to the development of the program.

The Il-76MD-90A military transport aircraft and Mi-17V-5 helicopters are expected to arouse keen interest among Indian specialists. It is also planned to discuss future progress in the program for equipping the Indian Air Force with the Su-30MKI fighters.

For delegations from other countries in the region, Rosoboronexport will hold presentations of Yak-130 combat training aircraft, Mi-28NE, Ka-52 and Mi-35M attack helicopters, Be-200 amphibious aircraft, and airborne weapons.

The exhibition is expected to foster the promotion of Russian air defense systems in the Indian market. At Aero India 2015, Rosoboronexport will provide information on Igla-S MANPADS, Tor-M2KM SAM system based on the Indian Tata chassis, Pantsir-S1 and Tunguska-M1 SPAAGMs. These systems are taking part in five different tenders held by the Indian Ministry of Defense and have high chances to win. Rosoboronexport’s program for upgrading the S-125 SAM systems operational with the Indian Army to the Pechora-2M configuration will also attract the attention of specialists.

“We hope that the exhibition will serve as a good tool to promote Russian air defense systems that fully meet the needs of the Indian military and provide reliable protection against major air threats. There has been a lull in this segment, but I’m sure that in the near future we’ll be able to reach mutually beneficial agreements,”- said Sergey Goreslavsky.

Rosoboronexport, a subsidiary of the Rostec Corporation, is the sole state-owned arms trade company in the Russian Federation authorized to export the full range of military and dual-purpose products, technologies and services. Rosoboronexport is one of the leading world arms exporters to the international market. Its share in Russia's military exports exceeds 80 percent. Rosoboronexport cooperates with more than 700 enterprises and organizations in the Russian defence industrial complex. Russia maintains military technical cooperation with more than 70 countries around the world.

The Rostec State Corporation is a Russian Corporation, established in 2007 with the purpose of support the design, manufacture and export of high-tech industrial products of civilian and military designation. It includes 700 organizations, of which nine are currently holding companies in the defense industry and five are holdings in civilian industries. In addition, 22 organizations are directly subordinate. The Rostec portfolio includes such famous brands as AvtoVAZ, KAMAZ, Russian Helicopters, VSMPO-AVISMA, etc. Rostec is located in the territory of 60 federal subjects of the Russian Federation, and it delivers products to markets in more than 70 countries. In 2013, Rostec revenue totaled 1.04 trillion rubles. Tax payments to public coffers at all levels exceeded RUB 138 billion.